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Kirinyaga Governor Anne Waiguri Signs Deal to Set Up a Coffee Shop in New York
Business

Kirinyaga Governor Anne Waiguri Signs Deal to Set Up a Coffee Shop in New York

Kirinyaga Governor Anne Waiguru has signed a deal with an American firm to set up of a coffee shop in New York City. Governor Waiguru says that the agreement will allow Kirinyaga coffee farmers to sell their produce d…

Mar 6, 2019
Amazon's New PayCode Service Allows Kenyan Shoppers to Pay for Goods in Cash
Business

Amazon's New PayCode Service Allows Kenyan Shoppers to Pay for Goods in Cash

Amazon has launched a service that allows Kenyan shoppers to pay for goods in cash. Under the new service, Kenyan e-commerce customers will pay for items in cash at any Western Union outlet near them. The service dubb…

Feb 27, 2019
MPs Threaten to Block CBK Governor Patrick Njoroge's Reappointment over Tough Rules on Bulk Transactions
Business

MPs Threaten to Block CBK Governor Patrick Njoroge's Reappointment over Tough Rules on Bulk Transactions

Members of Parliament have threatened to block Central Bank of Kenya (CBK) Governor Dr. Patrick Njoroge's reappointment to the position. The MPs accuse Njoroge of enacting stringent banking regulations, especially on…

Feb 25, 2019
Posta Inks Deal with US Company to Offer Doorstep Delivery Services to Kenyans
Business

Posta Inks Deal with US Company to Offer Doorstep Delivery Services to Kenyans

The Postal Corporation of Kenya (PCK) has struck a partnership deal with US-based logistics company Seagate to offer doorstep delivery services to Kenyans. The partnership allows Kenyans to buy items from internationa…

Feb 21, 2019
Kenya Gov't Makes U-turn, Lifts Ban on Imported Chinese Fish
Business

Kenya Gov't Makes U-turn, Lifts Ban on Imported Chinese Fish

The government has lifted a ban imposed on fish imported from China. A ban on fish imports from the Asian country took effect in November last year after President Kenyatta's directive. This came after local traders c…

Feb 19, 2019
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Nairobi's InterContinental Hotel Stares at Auction over Sh700 Million Debt
Business

Nairobi's InterContinental Hotel Stares at Auction over Sh700 Million Debt

Nairobi's InterContinental Hotel is reportedly on the verge of being auctioned over a debt amounting to hundreds of millions. The Daily Nation reports that the luxury hotel located in Nairobi central business district…

Feb 18, 2019
Hassan Joho's Company Lands SGR Cargo Transportation Deal Worth Billions
Business

Hassan Joho's Company Lands SGR Cargo Transportation Deal Worth Billions

A company linked to Mombasa County Governor Ali Hassan Joho has landed a lucrative Standard Gauge Railway (SGR) deal that could see it rake in billions of shillings. The Daily Nation reports that the company, which is…

Feb 11, 2019
Telkom Kenya, Airtel Merge to Form New Telco Company
Business

Telkom Kenya, Airtel Merge to Form New Telco Company

Airtel Kenya and Telkom Kenya have announced they have struck an agreement to merge the two telecommunications companies. In a statement, the two mobile service providers say the deal will see them merge their mobile…

Feb 10, 2019
RwandAir Seeks to Operate Nonstop Flights to the US
Business

RwandAir Seeks to Operate Nonstop Flights to the US

RwandaAir is planning to launch nonstop flights to the United States. If cleared, RwandaAir will compete for passengers with Kenya Airways (KQ), which launched direct flights between Jomo Kenyatta International Airpor…

Feb 8, 2019
Kenya's Ukwala Supermarket to Shut Down over Sh1 Billion Debt
Business

Kenya's Ukwala Supermarket to Shut Down over Sh1 Billion Debt

After accumulating debts amounting to Sh1 billion, Ukwala Supermarket has begun the process of shutting down. The retailer chain has made an application in court seeking permanent closure of its business. “The company…

Feb 7, 2019
Facebook Announces Plans to Open Office in Nairobi
Business

Facebook Announces Plans to Open Office in Nairobi

Facebook has announced plans to open an office in Kenya. The Nairobi office will serve as a content review center, employing several tech-savvy Kenyans. I.T News Africa reports that the California-headquartered giant…

Feb 7, 2019
End of an Era: Kenya's Oldest Supermarket Ebrahim Shuts Down after 75 Years of Operation
Business

End of an Era: Kenya's Oldest Supermarket Ebrahim Shuts Down after 75 Years of Operation

Kenya's oldest and one of the most famous supermarkets, Ebrahim, has shut down. The Business Daily reports that Ebrahim has closed down its only remaining branch on Nairobi's Moi Avenue, bringing to an end its 75 year…

Feb 6, 2019
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Car Dealers Write to President Uhuru to Protest Reduction of Age Limit on Imported Second-Hand Vehicles
Business

Car Dealers Write to President Uhuru to Protest Reduction of Age Limit on Imported Second-Hand Vehicles

Car dealers under the Kenya Auto Bazaar Association (KABA) have written to President Kenyatta over the proposed age limit for second-hand imported vehicles. KABA has pleaded with President Kenyatta to scrap the Draft…

Feb 5, 2019
Gov't Withdraws Permit for Toxic Nuteez Peanut Butter, Two Other Brands
Business

Gov't Withdraws Permit for Toxic Nuteez Peanut Butter, Two Other Brands

The Kenya Bureau of Standards (Kebs) has suspended the permit issued to Nuteez peanut butter manufacturer, Jetlak Foods Ltd. In a statement, the agency has also directed Jetlak to withdraw Nuteez peanut butter brand f…

Feb 4, 2019
Ethiopian Airlines Announces New Flights to New York’s JFK Airport
Business

Ethiopian Airlines Announces New Flights to New York’s JFK Airport

Ethiopian Airlines (ET) is set to launch new flights to New York's JF Kennedy International Airport. The Ethiopia government-owned national carrier says it will fly to JFK Airport thrice a week beginning June 2019. Th…

Feb 4, 2019
Company Withdraws Nuteez Peanut Butter from Kenyan Shelves after Gov't Declared it Unfit for Human Consumption
Business

Company Withdraws Nuteez Peanut Butter from Kenyan Shelves after Gov't Declared it Unfit for Human Consumption

Jetlack Food Limited, the company that makes Nuteez peanut butter, says it has withdrawn the product from Kenyan and Ugandan shelves. This comes days after Kenya's  Ministry of Health declared the food product as unfi…

Feb 3, 2019
French IT Firm Accused of Meddling with Kenya's 2017 Presidential Elections Wins New Sh6 Billion Gov't Tender
Business

French IT Firm Accused of Meddling with Kenya's 2017 Presidential Elections Wins New Sh6 Billion Gov't Tender

A French technology company that was caught up in rigging claims during Kenya's 2017 presidential elections has won a new Sh6 billion government tender.   Business Daily reports that OT Morpho which rebranded to IDEMI…

Feb 3, 2019
Equity Bank Named Kenya's Most Expensive Lender
Business

Equity Bank Named Kenya's Most Expensive Lender

Equity Bank has been ranked as the most expensive lender in Kenya.  A new report on how banks charge for loans shows that borrowers will get loans at the highest cost at Equity Bank than at any other Kenyan lender. Fo…

Feb 1, 2019
KRA Chairman Francis Muthaura Urges Kenya to Ban 'Mitumba'
Business

KRA Chairman Francis Muthaura Urges Kenya to Ban 'Mitumba'

Kenya Revenue Authority (KRA) Chairperson Amb. Francis Muthaura has called for the imposition of a ban on importation of second-hand clothes into Kenya. Muthaura says imposing a ban on importation of mitumba will help…

Jan 27, 2019
NIC Bank Partners with WorldRemit for Digital Money Transfers to Kenya
Business

NIC Bank Partners with WorldRemit for Digital Money Transfers to Kenya

Leading digital money transfer service WorldRemit has joined forces with NIC Bank for digital money transfers to Kenya. Kenyans living in over 50 countries, including the United Kingdom, the United States and Canada…

Jan 24, 2019
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